Close Corporations

  1. Law
  2. Kansas Statutes
  3. Corporations
  4. Close Corporations

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Section
17-7201

Laws applicable to close corporations.

Section
17-7202

Close corporation defined; contents of articles of incorporation; effect of joint held stock.

Section
17-7203

Formation of close corporation.

Section
17-7204

Election of existing corporation to become close corporation.

Section
17-7205

Limitations on continuation of close corporation status.

Section
17-7206

Voluntary termination of status as close corporation; amendment of articles of incorporation; vote required.

Section
17-7207

Issuance or transfer of stock of close corporation in breach of restrictions or conditions thereon; effect; conclusive presumptions; transfer defined; applicability and effect of section.

Section
17-7208

Breach of condition necessary to status as close corporation; proceeding to prevent loss of status; jurisdiction and powers of district court.

Section
17-7209

Invalid transfer of close corporation's security; corporate option.

Section
17-7210

Agreement of stockholders to restrict discretion or powers of board of directors of close corporation.

Section
17-7211

Management of close corporation by stockholders.

Section
17-7212

Appointment of custodian for close corporation, when.

Section
17-7213

Appointment of provisional director for close corporation, when; qualifications, rights and powers of provisional director.

Section
17-7214

Operation of close corporation as partnership.

Section
17-7215

Dissolution of close corporation at option of stockholders or upon event or contingency specified in articles of incorporation; disclosure of provision on stock certificates.

Section
17-7216

Effect of close corporation provisions on other laws.